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Las Vegas Sands Founder Adelson Passes Away At 87

January 12, 2021

LAS VEGAS— Sheldon Adelson, founder, chairman and CEO of Las Vegas Sands, has passed away at the age of 87 from complications related to treatment for non-Hodgkin’s Lymphoma , the casino company announced Tuesday.

At one point the third richest man in the world, Adelson brought singing gondoliers to the Las Vegas Strip and went all-in betting Asia would be a bigger jackpot than Sin City, according to the Associated Press.

He was the son of Jewish immigrants, raised with two siblings in a Boston tenement, who over the second half of his life became one of the world’s richest men. The chairman and CEO of the Las Vegas Sands Corporation brought singing gondoliers to the Las Vegas Strip and foresaw correctly that Asia would be an even bigger market. In 2018, Forbes ranked him No. 15 in the U.S., worth an estimated $35.5 billion.

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